Here are the top 50 biggest European banks in 2023 (2024)

• HSBC is the largest bank in Europe based on assets, with a balance sheet total of €2,597 billion.
• The UK has three banks in the top 10 largest banks in Europe, according to S&P Global Market Intelligence.
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For large banks, the balance sheet total is still a crucial indicator of how well a bank is doing—particularly amid the ongoing pandemic and resulting financial crisis.

With last year’s edition of the 50 largest European banks published by S&P Global Market Intelligence, released in April 2022, we get a good indication of each bank’s volume in terms of lending (i.e. mortgages, business loans) and assets.

With its total assets amounting to €2,597 billion, HSBC comes out on top as the largest in Europe by asset, followed by BNP Paribas and Crédit Agricole.

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Here are the 50 Largest Banks in Europe (2022):

1. HSBC Holdings PLC, UK – €2597.14 billion
2. BNP Paribas SA, France – €2554.20 billion
3. Crédit Agricole Group, France – €2,351.61 billion
4. Barclays PLC, UK – €1,648.16 billion
5. Banco Santander SA, Spain – €1,595.84 billion
6. Groupe BPCE, France – €1516.02 billion
7. Société Générale SA, France – €1,464.45 billion
8. Deutsche Bank AG, Germany – €1,323.99 billion
9. Intesa Sanpaolo SpA, Italy – €1,069.00 billion
10. Lloyds Banking Group PLC, UK – €1,055.52 billion
11. Crédit Mutuel Group, France – €1,021.33 billion
12. UBS Group AG, Switzerland – €982.34 billion
13. ING Groep NV, Netherlands – €951.29 billion
14. NatWest Group PLC, UK – €931.06 billion
15. UniCredit SpA, Italy – €916.67 billion
16. La Banque Postale SA – France – €722.31 billion
17. Credit Suisse Group AG, Switzerland – €729.04 billion
18. Standard Chartered PLC, UK – €727.90 billion
19. Banco Bilbao Vizcaya Argentaria SA, Spain – €719.45 billion
20. CaixaBank SA, Spain – €680.04 billion
21. Rabobank, Netherlands – €639.58 billion
22. DZ Bank AG, Germany – €627.27 billion
23. Nordea Bank AbP, Finland – €570.35 billion
24. Danske Bank AS, Denmark – €529.35 billion
25. Sberbank of Russia, Russia – €482.37 billion
26. Commerzbank AG, Germany – €471.96 billion
27. ABN AMRO Bank NV, Netherlands – €399.11 billion
28. KBC Group NV, Belgium – €345.34 billion
29. Nationwide Building Society, UK – €332.52 billion
30. Svenska Handelsbanken AB, Sweden – €325.46 billion
31. Skandinaviska Enskilda Banken AB, Sweden – €321.32 billion
32. Erste Group Bank AG, Austria – €308.52 billion
33. DNB Bank ASA, Norway – €301.57 billion
34. Landesbank Baden-Württemberg, Germany – €282.34 billion
35. Raiffelsen Gruppe Switzerland, Switzerland – €274.41 billion
36. Swedbank Ab, Sweden – €267.48 billion
37. Bayerische Landesbank, Germany – €266.55 billion
38. Banco de Sabadell SA, Spain – €251.95 billion
39. VTB Bank PJSC, Russia – €244.42 billion
40. Nykredit AS, Denmark – €225.07 billion
41. BFA Tenedora de Acciones SAU, Spain – €206.50 billion
42. Banco BPM SpA, Italy – €200.49 billion
43. Belfius Bank SA, Belgium – €192.15 billion
44. Raiffelsen Bank International AG, Austria – €188.51 billion
45. Zürcher Kantonalbank, Switzerland – €185.30 billion
46. OP Financial Group, Finland – €174.11 billion
47. BPER Banca SpA, Italy – €158.66 billion
48. Bank of Ireland Group PLC, Ireland – €155.27 billion
49. Banca Monte del Paschi di Siena SpA, Italy – €137.87 billion
50. AIB Group PLC, Ireland – €127.88 billion